Suezmax definition

Suezmax means each of the Vessels that is between 120,000 and 200,000 dwt.
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Suezmax means each of the Vessels that is classified as a Suezmax tanker vessel (between 120,000 and 200,000 dwt).
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Examples of Suezmax in a sentence

  • Nikolas Suezmax 149,876 2008 Republic of the ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ VLCC 314,000 2001 Islands of Bermuda 733717 29 Genmar Vision VLCC 314,000 2001 Islands of Bermuda 733716 None.

  • Each Bonus Payment Schedule shall set forth, in each case with respect to the preceding quarter, (i) the TCE revenues of the VLCCs, (ii) the TCE revenues of the Suezmaxes and (iii) the Charterer’s calculation of the VLCC Bonus Amount, the Suezmax Bonus Amount and the aggregate thereof on a year to date basis less any agreed Bonus Amount(s) for the preceding quarters in the relevant calendar year (the “Bonus Amount”).

  • Nikolas Suezmax 149,876 2008 Republic of the Marshall Islands 3046 28 Genmar Victory VLCC 314,000 2001 Islands of Bermuda 733717 29 Genmar Vision VLCC 314,000 2001 Islands of Bermuda 733716 None.

  • For any period during which the Cash and Cash Equivalents held by the Charterer is less than $75,000,000, each Owner agrees that the Charterer shall be entitled to defer from the monthly payments due under each Charter up to $4,600 per day for each VLCC and up to $3,400 per day for each Suezmax; provided, however, that in no event shall any such deferral with respect to any particular Charter be outstanding with respect to more than one year at any given time.

  • Such Bonus Payment Schedule shall set forth, in each case with respect to such period, (i) the TCE revenues of the VLCCs, (ii) the TCE revenues of the Suezmaxes and (iii) the Charterer’s calculation of the VLCC Bonus Amount, the Suezmax Bonus Amount and the Bonus Payment, if any.

  • Each Bonus Payment Schedule shall set forth, in each case with respect to the preceding calendar year, (i) the TCE revenues of the VLCCs, (ii) the TCE revenues of the Suezmaxes and (iii) the Charterer’s calculation of the VLCC Bonus Amount, the Suezmax Bonus Amount and the Bonus Payment, if any.

  • Design a mooring system with Quick Release Hooks to accommodate a laden Suezmax vessel for the future deep draft.

  • This Addendum No. 7 shall become effective upon receipt by the Company of USD 106,000,000 from Frontline, provided that upon such effectiveness, the amendment of the Suezmax Bonus Amount and the VLCC Bonus Amount and the establishment of the Cash Sweep Bonus Payment shall be effective from 1 January 2012.

  • Each of Alpha Suezmax Corporation (“Alpha”) and Overseas Shipholding Group, Inc.

  • The Parties agree that the VLCC Bonus Amount and the Suezmax Bonus Amount pertaining to the 1st quarter of 2007, when calculated in January 2008, shall be included in the aggregate Bonus Amount for 2007 and paid accordingly.

Related to Suezmax

  • GPM means gallons per minute.

  • LNG means liquefied natural gas.

  • Ferry Flight means the movement of an aircraft without payload to position the aircraft to perform a flight or upon completion of a flight to position the aircraft to a point required by the carrier.

  • Ultra Low Sulfur Diesel Fuel means diesel fuel that has a sulfur content of no more than fifteen parts per

  • TDSAT means Telecom Dispute Settlement and Appellate Tribunal, New Delhi.